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Market Update : 
Housing Starts Rise 0.8% in January
Author: 123jump.com Staff
123jump.com
Last Update: 9:43 AM EST February 20 2008



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Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,012,000. This is 0.8% above the revised December estimate of 1,004,000, but is 27.9% below the revised January 2007 rate of 1,403,000. The January rate for units in buildings with five units or more was 247,000.

 

 

 

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